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Oracle 1Z0-1049-21 Exam Syllabus Topics:

Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case?
(Choose the best answer.)

A) Fast-formula-based eligibility profile
B) Employment-criteria-based eligibility profile
C) Derived-factor-based eligibility profile
D) User-defined-criteria-based eligibility profile

2. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)

A) Maintain currency rates and access to plans from the watchlist.
B) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
C) Run processes to initiate a compensation cycle.
D) Analyze plan results.
E) Override line manager allocations, job changes, and performance ratings.
F) Override line manager allocations, job changes, andperformance ratings.

3. What additional action would yourecommend to your customer for worker-administered plans to control plan availability in addition to HR actions? (Choose the best answer.)

A) Manage Contributions
B) Manage Variable Allocations
C) Manage Worker Contributions
D) Manage Individual Contribution
E) Allocate Workforce Compensation

4. Which three statements are true about individual compensation plans? (Choose three.)

A) Individual compensation plans arenecessary for payment of items such as spot bonus.
B) A user's ability to access or make updates to awards in individual compensation plans may be restricted by the user's association to a Legislative Data Group.
C) Individual compensation plans are not necessary for payment of items such as spot bonus.
D) Workers are individual compensation plans to manage their own contributions to charitable or savings plans.
E) Individual compensation plans define compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement.

5. How can youuse an earnings element to manage the calculation and payment of absences? (Choose the best answer.)

A) Define a skip rule for the earnings element that triggers processing when it finds an entry for the absence element because payroll runs do not process elements in the Information or Absence classifications.
B) Define the earnings element as nonrecurring for the absence element because payroll runs do not process nonrecurring elements in the Information or Absence classifications.
C) Ensure that the input to the salary database item formula from the earnings element processes the absence element as Absence classification because payroll runs do not process elements in the Information or Absence classifications.
D) Define a skip rule for the earnings element that triggers processing when it finds an entry for a non-absence element because payroll runs process elements in the Information or Absence classifications.

Solutions: